The surge in domestic supplies of natural gas in the United States, along with ten-year lows in the wholesale price of natural gas, rising oil prices, and increased concerns over energy security, is sparking new attention for this alternative fuel for commercial fleets as well as consumer vehicles. The prospects for natural gas as a transportation fuel are strong. Significant hurdles remain, however, as infrastructure development lags the momentum of electric vehicles and the selection of passenger cars remains limited. The politics of NGVs also present a possible barrier to market growth as federal incentives continue to languish and public pushback against hydraulic fracturing (fracking) grows.
Featuring senior analyst Dave Hurst, along with Rich Kolodziej, president of NGVAmerica, this webinar provides a quantitative overview of the current market for natural gas vehicles, examines the market barriers and the expected growth rate of NGVs, and assesses the viability of natural gas to displace significant volumes of imported oil in the transportation sector.
Powerpoint presentation from the webinar.
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